Abstract

The aim of this research is to study the relationship between the role of nation-states in economy and the economic globalization by application of economic integration theory. The research aims to answer “how the economic globalization influences the role of nation-states in economy in context of economic integration levels”. In my research paper, I will use cross-sectional observational studies for single case study method of qualitative research through controlling the time. Firstly, I will analyze the role of nation-states in economy at different levels of economic integration such as free trade, custom union, common market, monetary and economic union. Later, I will observe the effects of economic integration over the role of nation-states in economy through exploring the European Union case. I will include the Treaty of Rome and Maastricht treaty into my research which enables to observe the legal responsibilities of nation-states while deepening of the economic integration. Consequently, those responsibilities or obligations forces member states to give up some policy tools in favor of economic integration which causes decreasing of their role in economy.

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